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08 Jun
12:00

Brazil’s May automotive sector performance increases

The Brazilian automotive sector’s performance continued to improve in May, Kallanish notes. Production and exports grew month-on-month, as did domestic sales. According to local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), production increased 10.7% month-on-month in April to 205,916 vehicles. Output was also 6.8% higher compared to 192,843 units a year earlier. During January-May, t…
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